Released on = May 15, 2007, 1:50 pm

Press Release Author = www.Carbonfreezone.com

Industry = Environment

Press Release Summary = "In an exclusive interview with Carbonfreezone.com, Mr. José
Domingos Gonzalez Miguez, DNA Brazil also Alternate Member with UNFCCC Executive
Board, talks about CDM Project opportunities in Brazil and much more"

Press Release Body = "Brazil was the first country to establish a DNA (Designated
National Authority), which is doing an outstanding work analyzing the project
activities and approving only good CDM projects, which can be confirmed with the
numbers of Brazilian projects registered at the EB and Brazilian projects with CERs
already issued." highlighted Mr. José Domingos Gonzalez Miguez, from DNA Brazil and
also an alternate member of Executive Board, UNFCCC in an exclusive interview with
www.carbonfreezone.com.

Brazil is rated in the top three destinations for developing and hosting a CDM
(Clean Development Mechanism) project. CDM projects falls under three mechanisms
defined by Kyoto Protocol in order to meet carbon offset targets and generate carbon
credits. 221 Brazilian projects in pipeline targets to reduce 26 million tonne of
CO2 emission generating a huge pool of credits and offsets.

"The Commission is always receiving and helping people interested in developing any
type of CDM project activity." added Mr.Miguez who leads the Brazil DNA efforts in
spreading awareness among small project developers and industry owners.

Energy and Waste Handling and disposal are the major CDM project development sectors
in the country. Though banks and institutional financing has gone up, investment and
finance still remains as one of the biggest roadblock in setting up a CDM project
followed by technical know how and understanding of CDM processes.

As Kyoto protocol has started picking up and Carbon market which is still in its
early stage needs more visibility both in terms of awareness and as a business
prospect.

Mr. Miguez appreciated efforts like CarbonFreeZone.com and sees it as making a
difference and mitigating some of the problems faced by the CDM project developers.
"It will help link developers and investors thus increasing the possibilities of
developing a CDM project and helping achieve the Kyoto Protocol targets."

CarbonFreeZone.com has been a big advocate of Kyoto Protocol and efforts against
global warming and climate change. "What we see today is a change in prospective and
people are waking up to realize the impact of climate change. We want to continue to
spread awareness about the same and make our site a world platform to share this
information. Other than CDM Bazaar we have other sections featuring innovations and
stories from green sectors. A small innovation today could well be a revolution
tomorrow, bringing them together and in front of the world is what we are striving
for" said Mr. Rohit Sethi, operating director of the portal.

The interview was one from the series of features on Designated National Authorities
(DNA) on CarbonFreeZone.com. To read the full transcript of the interview visit:
http://www.carbonfreezone.com/BrazilDNAInterview.aspx


Web Site = http://www.carbonfreezone.com

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